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Apr 16, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >> announcer: lightning round is sponsored by td ameritrade. >>> it is time, and it is time for the lightning round on cramer's "mad money," and taking the calls rapid fire. >> buy, buy, buy. >> sell, sell, sell. >> and i will tell you whether to buy, buy, buy or sell, sell, sell, and just so you know i don't know the questions ahead of time, and my staff prepares the questions on the fly, and when you hear this sound, it is time to move on to the next round. time to take some calls and people who want to know about the stocks. doug in michigan. >> caller: hi, jim. this is doug, and i want to know what you think of the futures of the financial situation with kcap financial. >> i know kcap and yields the same as anly, and i think that you should switch out of kcap and go the anly. donna texas. >> caller: boo-yah,
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >> announcer: lightning round is sponsored by td ameritrade. >>> it is time, and it is time for the lightning round on cramer's "mad money," and taking the calls rapid fire. >> buy, buy,...
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Dec 16, 2013
12/13
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we have some top tip s for lowering your annual tax bill. here's the key. you have to act fast before new year's eve. >>> for more on our show and our guests, go to oub website. you can follow us on twitter on @onthemoney. >>> the calendar still reads december, so april 15th may seem like a long way off. but if you want to save big on your tax bill for next year, time is running out, and with this year's expiration of the bush tax cuts, some filers could be facing some bigger bills come spring. joining us right now with tips on how to reduce the 2013 tax bill by acting before the end of the year is diana rosada. thank you for being here. >> great to be here. >> we may forget there's a couple of weeks left to affect the 2013 bill, and this year is important. what are the biggest changes? >> there have been a lot of changes, particularly for higher-income earners. one great -- one important then to think about, though, a lot you can do right at this time. a great way to offset the -- it's been a banner year in the stock market, and if you wanted to sell some
we have some top tip s for lowering your annual tax bill. here's the key. you have to act fast before new year's eve. >>> for more on our show and our guests, go to oub website. you can follow us on twitter on @onthemoney. >>> the calendar still reads december, so april 15th may seem like a long way off. but if you want to save big on your tax bill for next year, time is running out, and with this year's expiration of the bush tax cuts, some filers could be facing some bigger...
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Nov 20, 2013
11/13
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the tax code itself is pretty complicated. i guess the question becomes is this something that could even pass given how frayed relationships are in congress? >> this one, you know, it's very -- it's like trying to give something to everyone. that's the appeal of an overall flat tax is that you would get the lobbying out of it. the hellish twin center of central planning and government central planning is corporate cronyism. if you do something with a lot of moving parts that allow some companies to hire lobbyists to gain the deal that they get, it's not -- we need to do it in a way where there's no way to gain. we have to bring it back somehow because it's just sitting over there. even if it goes to shareholders or dividends, some of it is going to help the economy here. we have to make it not advantageous to build facilities abroad. but to do it this way, this is like a half measure to sort of -- well, we're going to let some of it come back. other stuff is going to be taxed immediately. that's going to employ more lawyers.
the tax code itself is pretty complicated. i guess the question becomes is this something that could even pass given how frayed relationships are in congress? >> this one, you know, it's very -- it's like trying to give something to everyone. that's the appeal of an overall flat tax is that you would get the lobbying out of it. the hellish twin center of central planning and government central planning is corporate cronyism. if you do something with a lot of moving parts that allow some...
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Nov 4, 2013
11/13
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growing calls to tax the rich. robert frank will be along to tell us where the flash points are and whether you should be calling the moving vans. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) ranked highest in investor satisfaction with self-directed services by j.d. power and associates. opportunities aren't always obvious. sometimes they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. >>> >>> it's a big week at big board. twitter shares will begin trading on thursday. the social networking giant raised the price range be
growing calls to tax the rich. robert frank will be along to tell us where the flash points are and whether you should be calling the moving vans. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i...
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Sep 13, 2013
09/13
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why is the economy -- we forget the big tax hikes. we had $200 billion in tax hikes so 2% against that -- >> a double whammy on high-end economy. >> right. the system being clogged he's exactly right. you think of how adaptive the economy has been, 2% isn't that bad, considering the hit on the fiscal side. the reason that the fed is going to taper, in the context of when they did q.e. 3 with europe on the verge of falling apart, worries about the fiscal cliff, they have backed away from that. things have settled down. they're telling us they won't sell the mortgage securities. i think it's really, larry, more about financial stability and that's become very unpopular with a lot of other people on the committee, such as stein. he's very left of center, one of obama's appointees. >> that's good explanation. i'll cap this off by saying i don't think the level of confidence in this country has returned. i don't just mean today's consumer sentiment number. i think it was a lousy number. i think the whole shock effect going back to 2008-200
why is the economy -- we forget the big tax hikes. we had $200 billion in tax hikes so 2% against that -- >> a double whammy on high-end economy. >> right. the system being clogged he's exactly right. you think of how adaptive the economy has been, 2% isn't that bad, considering the hit on the fiscal side. the reason that the fed is going to taper, in the context of when they did q.e. 3 with europe on the verge of falling apart, worries about the fiscal cliff, they have backed away...
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May 16, 2013
05/13
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if you factor in the tax differential. remember the dividends are taxed much more favorably from difsd tan bond, cisco and microsoft were brimming with cash. leak to many others in the nasdaq, they can easily take the dividends much higher. lets be more definitive. yes among the cheapest, we now would be flabbergasted with those valuations. we'd be, sell, sell, sell, every minute. needless to sell, nasdaq's leader only sells at 10 times earning, which represent, frankly, deep value. not just during the dot-com era but this one, too. so by the most obvious of definition, the earlier froth vs. now the comparison, facttuous. how about the s&p 500? you say the nasdaq, let's talk about the s&p. that's brigger, that's broader. here, the 1999 period simply isn't of value. s&p was actually the place to be. instead, we got to go back to the period leading up to it didn't get killed, we got to go up to the great crash of 1987, another period i'm quite familiar with. using this plateau where the rally started to peak from december 30
if you factor in the tax differential. remember the dividends are taxed much more favorably from difsd tan bond, cisco and microsoft were brimming with cash. leak to many others in the nasdaq, they can easily take the dividends much higher. lets be more definitive. yes among the cheapest, we now would be flabbergasted with those valuations. we'd be, sell, sell, sell, every minute. needless to sell, nasdaq's leader only sells at 10 times earning, which represent, frankly, deep value. not just...
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Jan 10, 2013
01/13
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up next, charitable deduction donations phasing out as a result of congress' tax deal. now non-profits are bracing for the impact. the head of a non-profit will speak to me about the challenges. also ahead, recreational marian label. a new twist in the murder kiss of a lottery winner. wait until what investigators have uncovered now. stay with us on that. until it is fully healed, bt possibly several months. so, if the duck isn't able to work, how will he pay for his living expenses? aflac. like his rent and car payments? aflac. what about gas and groceries? aflac. cell phone? aflac, but i doubt he'll be using his phone for quite a while cause like i said, he has a fractured beak. [ male announcer ] send the aflac duck a get-well card at getwellduck.com. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. [ male announcer ] how could switchgrass in arge
up next, charitable deduction donations phasing out as a result of congress' tax deal. now non-profits are bracing for the impact. the head of a non-profit will speak to me about the challenges. also ahead, recreational marian label. a new twist in the murder kiss of a lottery winner. wait until what investigators have uncovered now. stay with us on that. until it is fully healed, bt possibly several months. so, if the duck isn't able to work, how will he pay for his living expenses? aflac....
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Apr 11, 2013
04/13
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that meant after the tax return, the after-tax rate of return for dividend stocks would plummet. it would make them not much better than certificates of deposit. people would sell all of the dividend players. europe, after some months of call was back on the red hot, sizzling griddle. you know what that meant? italian bonds, spanish bonds. here is a litany of banks about to have runs. fourth him of the debt ceiling was going to derail our economy for certain, even if we manage to solve the fiscal cliff and the sequester lurked ominously. no matter what deal the politicians made. these would have course throw us off track and cause much higher unemployment. finally, four months ago, fourth quarter earnings, the reports were right around the corner and they were supposed to be, yes, nothing to write home about, or maybe worse, particularly the worldwide slowdown that europe seemed to be mandating, we could have huge downside surprises and the last time we had some pre-announcements -- wait a second. what actually happened? how about we had the best first quarter in 15 years. how is
that meant after the tax return, the after-tax rate of return for dividend stocks would plummet. it would make them not much better than certificates of deposit. people would sell all of the dividend players. europe, after some months of call was back on the red hot, sizzling griddle. you know what that meant? italian bonds, spanish bonds. here is a litany of banks about to have runs. fourth him of the debt ceiling was going to derail our economy for certain, even if we manage to solve the...
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Apr 10, 2013
04/13
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that meant the tax rate return -- if that, the tax rate return would plummet. it would make them not much better than certificates of deposit, and people would sell, sell, sell. all of the dividend player, europe, after months of calm, was back on the red-hot, sizzling griddle! you know what that meant? italian bonds, spanish bonds, a litany of banks about to have runs. or the debt ceiling was going to rerail our for certain. the sequester lurked ominously. no matter what deal the politicians made, these would, of course, throw us off track and cause much higher unemployment. [ baby crying ] finally, four months ago, fourth-quarter earnings, the reports were around the corner, and they were supposed to be, yes, nothing to write home about. [ beeping ] or maybe worse, with the typical worldwide slowdown europe seemed to be mandating, we could have surprises, and then we had preannouncements -- well, wait a second. what actually happened? how about we had the best first quarter in 15 years. how was that possible? i think it's because the market has changed its an
that meant the tax rate return -- if that, the tax rate return would plummet. it would make them not much better than certificates of deposit, and people would sell, sell, sell. all of the dividend player, europe, after months of calm, was back on the red-hot, sizzling griddle! you know what that meant? italian bonds, spanish bonds, a litany of banks about to have runs. or the debt ceiling was going to rerail our for certain. the sequester lurked ominously. no matter what deal the politicians...
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Jan 10, 2013
01/13
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did the upper income crowd start retrefrping before their taxes were raised? some worrisome evidence that they could already be hiding their wallets? jim grant from grant's interest rate observer here with a big warning about the debt ceiling fight, and it may not be what you think he'd say. plus, are women better hedge fund managers than men? maria says yes. a new study agrees. we'll speak with the person behind the data. >> let check the markets right now as we approach the final hour with the dow jones industrial average at highs of the day. take a look at that chart. real momentum going into the close. up 70 point on the dow jones industrial average here. pretty broad-based as well, 13,460, last trade of the blue chip average. nasdaq composite inching back towards the high of the day. noted a it though on the nasdaq, but as you can see, gains of about 11 points and the standard & poor's are 500 index, similar chart pattern here, looking into momentum heading into the close, with a gain on the session of nine points. >> maria, in today's closing bell exchan
did the upper income crowd start retrefrping before their taxes were raised? some worrisome evidence that they could already be hiding their wallets? jim grant from grant's interest rate observer here with a big warning about the debt ceiling fight, and it may not be what you think he'd say. plus, are women better hedge fund managers than men? maria says yes. a new study agrees. we'll speak with the person behind the data. >> let check the markets right now as we approach the final hour...
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Aug 15, 2013
08/13
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however, on the medical side, pot is taxed at 7%. listen. >> if we can make a million in pot taxes, we could employ probably 20 or 30 by the end of the year. this is certainly a growth industry. we are taking this market away from organized crime and integrating it into the mainstream of american society. >> if the taxes on adult use marijuana are not done appropriately and they're too high, then yes, people will buy from the streets. we provide more to the consumer than ever before, including testing and a variety of other products such as topicals and edibles. >> reporter: the problem in washington state is that the medical marijuana industry there is completely unregulated and untaxed. >> the fact that we don't have a regulated medical marijuana marketplace may make it difficult to have two parallel marketplaces going at the same time, one that's unregulated and untaxed and one that's regulated and heavily taxed. >> another one is cordon. >> market tech james shively is not worried about competing with the cheap stuff. >> when pro
however, on the medical side, pot is taxed at 7%. listen. >> if we can make a million in pot taxes, we could employ probably 20 or 30 by the end of the year. this is certainly a growth industry. we are taking this market away from organized crime and integrating it into the mainstream of american society. >> if the taxes on adult use marijuana are not done appropriately and they're too high, then yes, people will buy from the streets. we provide more to the consumer than ever...
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Nov 27, 2013
11/13
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remember, our clients' tax exemptions are still pending. they have not been granted, so you talk about a lot of the organizations, some of the ones you mentioned have not been granted exempt status yet. this is an attempt to change the rules in the middle of the game, and the court is going to see right through it, and frankly if there's enough outrage and i believe there's going to be, i don't think the irs will be able to pull this one o.this is a sleight of hand move by the acting commissioner or the new commissioner. it's also a sleight of hand move by the administration to try to change the nature of the debate by basically saying this. we are now changing all of the rules the 01c-4 activity including you that have been pending now in court for six months but applications have been pending for three years, and they don't -- they should not be able to get away with this. >> give me an example of activity that would now be prohibited or would now deny somebody that status. >> well, for instance, and this is the thing that has meet most c
remember, our clients' tax exemptions are still pending. they have not been granted, so you talk about a lot of the organizations, some of the ones you mentioned have not been granted exempt status yet. this is an attempt to change the rules in the middle of the game, and the court is going to see right through it, and frankly if there's enough outrage and i believe there's going to be, i don't think the irs will be able to pull this one o.this is a sleight of hand move by the acting...
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Mar 6, 2013
03/13
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. >> no tax right? >> no tax, right. >> thank you so much for joining us, robert. and thank you for watching, everybody. "closing bell" is coming up next. see you same time tomorrow for "street signs." >>> hi, everybody. the rally rolls on. welcome to the "closing bell." i'm maria bartiromo at the new york stock exchange. this big move in stocks continues. >> go on higher. i'm bill griffith. on today's program another all-time high seems to be in the cards for the dow, a day after shattering a previous record going back to october of '07. stocks are maintaining their gains today. we have team coverage, and we'll hear from money managers who will give us the names of stocks that they say are still priced right for investors to make money in. >> looking for value in this market. then the other side of the coinch we'll look at what's out there that could derail this historic run, danger signs both here and in the rest of the world, but we want to find out what you need to know to really protect your money. >> two big exclusive interviews ahead, conoco phillips ceo rya
. >> no tax right? >> no tax, right. >> thank you so much for joining us, robert. and thank you for watching, everybody. "closing bell" is coming up next. see you same time tomorrow for "street signs." >>> hi, everybody. the rally rolls on. welcome to the "closing bell." i'm maria bartiromo at the new york stock exchange. this big move in stocks continues. >> go on higher. i'm bill griffith. on today's program another all-time high...
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Dec 30, 2013
12/13
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oklahoma's gasoline taxes are among the lowest in the nation. refineries st. are using a lower priced oil. and thanks to this mid-western oil boom, oklahoma and other states in the interior part of the country are likely to don't see the lowest gas prices in the nation in 2014. back to you. >> there's your answer. >> boomer sooner. >> on deck, computers are coming to your car and drones may soon be in your backyard. just circling around like the jetsons out there. >> a peek inside a siuper rich, super awesome mega rich mansion. >> were they looking at your house? >> yes. >> coming up on the "closing bell" for final hour of the next to the last trading day. >> we're closing in on those final hours and talk to some retail investors to get their take on what's ahead in 2014. >> google and apple are ready to go full throttle in the automotive market. we'll see if it's time to tune out sirius xm radio stock. >> black monday so-called in the nfl. six coaches already have gotten axed today. should corporate america take a page out of the corporate pro football playbo
oklahoma's gasoline taxes are among the lowest in the nation. refineries st. are using a lower priced oil. and thanks to this mid-western oil boom, oklahoma and other states in the interior part of the country are likely to don't see the lowest gas prices in the nation in 2014. back to you. >> there's your answer. >> boomer sooner. >> on deck, computers are coming to your car and drones may soon be in your backyard. just circling around like the jetsons out there. >> a...
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Jul 11, 2013
07/13
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the taxes, a modest $3,863. that's what i pay in a month and a half. talk about it. >> this is a beautiful home in stapleton. it's where the old airport used to be. it's a mixture of residential and retail, and even some industrial and commercial space out there. and it's very popular with young people, both singles and families. >> and there is an interesting thing here. this is a solar home in which the house actually gives back to the grid, so, what, the electric company pays you? >> the electrical company pays you every month for the unused electricity that you put back into the grid because you own the solar panels on the house and you're selling the excess electricity back to excel. >> that looks so nice, man. let's move on to 519 south ogden in denver. taxes here even lower. $2900. i'm ill. $629,000, three bedrooms, 2300 square feet. where is this one, larry? >> this one is in washington park, which is another very popular neighborhood. because we have best parks in the city located just two blocks away from this house. >> tell me a couple other
the taxes, a modest $3,863. that's what i pay in a month and a half. talk about it. >> this is a beautiful home in stapleton. it's where the old airport used to be. it's a mixture of residential and retail, and even some industrial and commercial space out there. and it's very popular with young people, both singles and families. >> and there is an interesting thing here. this is a solar home in which the house actually gives back to the grid, so, what, the electric company pays...
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Nov 6, 2013
11/13
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colorado voting to tax recreational marijuana to fund public projects. are marijuana backed bonds next? would they go up in smoke? power rundown, 30 seconds away. >>> >>> coming up on "street signs," at the top of this hour, twitter is grabbing the headlines but so many ipos to choose from this week and year. which ones do you pick and how? also it is a stock that's gone parabolic over the past week, in an up and coming sector, what is it? a look at technical and fundamental case for it, but you have to find out what it is if you tune in or watch the show. all those things and, of course, lots more, guys, on "street signs." back to you on "power lunch." >> all right. thanks very much. we've been having too much fun here getting warmed up. power rundown time. michele caruso cabrera and john fortt, wall street focusing on a high stakes chess tournament in india, why, michele, is there such a fascination on this? the challenger is a 22-year-old norwegian from my father's home country. >> they call him the mozart of chess. because he is such a prodigy, he is
colorado voting to tax recreational marijuana to fund public projects. are marijuana backed bonds next? would they go up in smoke? power rundown, 30 seconds away. >>> >>> coming up on "street signs," at the top of this hour, twitter is grabbing the headlines but so many ipos to choose from this week and year. which ones do you pick and how? also it is a stock that's gone parabolic over the past week, in an up and coming sector, what is it? a look at technical and...
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Apr 25, 2013
04/13
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larly, i would say have the debate about taxes and spending. don't hold the american people hostage, their safety, their convenience, to try to score a political point i have no explanation for what's happening here. incidentally, the amount of money if faa has is more than currently is more than what the president requested in his budget. >> right. >> there is no reason for this except a political effort to try to congress to do something that the president wants us to do. the sad thing is americans shouldn't pay the price for. the last five years, they've had gigantic budget increases. we all know get let me ask you to summarize this thing, is there going to be a deal, is there going to be a deal that somehow gives the department of transportation or specifically if faa more liberalization, more flexibility. how do you read this? the head of the airlines is getting angry. they say there is no cooperation between the faa and major air carriers? how does this end up and when does this end up? >> first of all, they don't need additional authorit
larly, i would say have the debate about taxes and spending. don't hold the american people hostage, their safety, their convenience, to try to score a political point i have no explanation for what's happening here. incidentally, the amount of money if faa has is more than currently is more than what the president requested in his budget. >> right. >> there is no reason for this except a political effort to try to congress to do something that the president wants us to do. the sad...
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Nov 7, 2013
11/13
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and how high is too high for taxes? it's going to be over 25% in colorado when you throw in sales tax. over 50% in washington. >> in the end, you know, it's a couple extra bucks in colorado and maybe double that in washington to the consumer. but, you know, the thinking is that people are still going to pay for that because of safety, because it's regulated and it's legit. you're not going to someone's basement. >> today happens to be top-shelf tuesday. >> reporter: he runs several medical dispensaries in seattle, applying to sell recreational pot. washington wants to get rid of medical, which is completely untaxed. move everyone to taxable recreational system. a lot of people here not happy about it. >> i don't think it has gone very well yet. a lot of patients come in here and they're upset that medical's going to be gone. and they're thinking, wow! maybe my vote should have went the other way. >> reporter: finally, new research released here today says legal pot is going to grow 64% in terms of revenues this year. co
and how high is too high for taxes? it's going to be over 25% in colorado when you throw in sales tax. over 50% in washington. >> in the end, you know, it's a couple extra bucks in colorado and maybe double that in washington to the consumer. but, you know, the thinking is that people are still going to pay for that because of safety, because it's regulated and it's legit. you're not going to someone's basement. >> today happens to be top-shelf tuesday. >> reporter: he runs...
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Aug 27, 2013
08/13
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and the republicans saying they want to cut taxes but will not present anything that is important to cut. neither side will see eye to eye. that is why we are in this position. it's truly silly that the fed is talking about a tapering before the debt ceiling negotiations. ben bernanke had to see this ahead. it's one of the few things that can be banked on is the problem that washington causes. memo to mr. bettrnanke, you hav to come out and say tomorrow, that you will not do anything about tapering until the debt ceiling and the budget is taken care of. they are all about making everyone feel like they should do nothing but hanker down, right at this time, we are also going to get the news of the new fed chair. i'm still worrying about how the president gave bernanke the boot after helping the country. here is your hat, what's your hurry. so, we could get maximum confusion as the it goes into disagreement about the new fed chief. and that is not good for the market. and he is not a uniter, he is a divider. injury we do not need. these negatives are not yet priced in the market but th
and the republicans saying they want to cut taxes but will not present anything that is important to cut. neither side will see eye to eye. that is why we are in this position. it's truly silly that the fed is talking about a tapering before the debt ceiling negotiations. ben bernanke had to see this ahead. it's one of the few things that can be banked on is the problem that washington causes. memo to mr. bettrnanke, you hav to come out and say tomorrow, that you will not do anything about...
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Aug 27, 2013
08/13
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>> is the only way sequester is replaced in whole or in part, is if republicans agree to additional tax increases or could you see a trade of entitlement cuts, some of which your administration has said are necessary for the discretionary cuts we've seen now. >> john, i think there should be sensible balanced approaches to medium and long-term deficit reduction. i don't want to get into the details of what a package would be because a small or large package might have different characteristics. i think that the president made clear he was prepared to do tough things on entitlement programs, but those tough actions require balance in terms of revenue -- both for fairness and because for economic results, that's what we need. >> there are two relevant points to that chunk we just paid. one is the difference between a large and small deal. a large deal is the one where balance becomes very important from the administration's point of view and tax increases do. a smaller deal may not require that. the other is jack lew did not rule out a continuation of the sequester. and one of the things
>> is the only way sequester is replaced in whole or in part, is if republicans agree to additional tax increases or could you see a trade of entitlement cuts, some of which your administration has said are necessary for the discretionary cuts we've seen now. >> john, i think there should be sensible balanced approaches to medium and long-term deficit reduction. i don't want to get into the details of what a package would be because a small or large package might have different...
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Jun 10, 2013
06/13
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the fed is not addressing that. >> we need tax reform. we need regulatory reform. >> i don't think that's the problem. >> the fed can produce money but not jobs. i basically agree with that. but i will say this. as inefficient as the fed policy has been and the way it distorts risk because they manipulated the interest rate, it's the only game in town right now. it's the only accommodative stimulative game in town, and i don't want to go the route of europe. europe has -- double dip. six straight negative quarters in europe. you know why one why in the european central bank. the money rate is falling, the growth rate is falling and the interest rate too high. >> it's the only game in town or perceived that way because the fed has to do something for the economy. >> yeah. >> and as a result the white house and congress does not have to step -- >> as clumsy as it may be. >> accept the responsibility and remove the roadblocks from regulation and terrible tax code. they are not doing that. >> i thiwhat is your membership saying about this fed
the fed is not addressing that. >> we need tax reform. we need regulatory reform. >> i don't think that's the problem. >> the fed can produce money but not jobs. i basically agree with that. but i will say this. as inefficient as the fed policy has been and the way it distorts risk because they manipulated the interest rate, it's the only game in town right now. it's the only accommodative stimulative game in town, and i don't want to go the route of europe. europe has --...
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Nov 13, 2013
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regular drivers are getting a big tax break that tax break more than offsets the payroll tax that people have been fretting about. consider the lower price of gasoline a tax cut. we don't talk about it enough. well can't pin it down directly to what people spend. but we know gasoline has to help, right, because it's all about disposable income. if $1 goes to opec and the other dollar goes to macy's. bulls don't want oil to go too much lower because then you would see the whole oil and gas patch get hammered. we can't lose that cohort. it's too hasn't. still, it's huge to see gasoline at a two-year low as it was today. there is some gibberish. major positive, though. what does it mean? take the average rate on a five-year certificate of deposit. which according to rate watch is right now 0.82%. do you know that's the same it's been for ages? but the five-year treasury is now at 1.4%. so you subtract the 0.85 from the 1.4 and realize you have a huge net interest margin for the banks. every time they issue these crowd-pleasing cds and use the money to buy treasuries. we know wells fargo, th
regular drivers are getting a big tax break that tax break more than offsets the payroll tax that people have been fretting about. consider the lower price of gasoline a tax cut. we don't talk about it enough. well can't pin it down directly to what people spend. but we know gasoline has to help, right, because it's all about disposable income. if $1 goes to opec and the other dollar goes to macy's. bulls don't want oil to go too much lower because then you would see the whole oil and gas patch...
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Sep 20, 2013
09/13
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they're taxed once and dividend payments taxed at the individual level. that's why many companies turn to share buybacks instead. >> indeed. understandably so. thanks. >>> prozensa is getting hit hard in active trading down 68%. an experimental drug for muscular dystrophy failed to meet its goal in late stage trials. glaxo which is a much bigger company, not getting hurt all that much on the upside in the green. shares of rival serepta therapeutics is higher on the trading session by 17%. ty, down to you. >> sue, this is the segment everyone down here at the new york stock exchange has been looking forward to all hour. here's the front for it. silicon valley known for its lucrative businesses and very generous employee perks but now, some companies, like google, are going beyond free lunches and they're offering meditation and mindfulness courses hoping it will increase productivity and make for a richer work place. more innovations, better bottom line. this is a former software engineer at google who teaches meditation to googlers. their zen master and a
they're taxed once and dividend payments taxed at the individual level. that's why many companies turn to share buybacks instead. >> indeed. understandably so. thanks. >>> prozensa is getting hit hard in active trading down 68%. an experimental drug for muscular dystrophy failed to meet its goal in late stage trials. glaxo which is a much bigger company, not getting hurt all that much on the upside in the green. shares of rival serepta therapeutics is higher on the trading...
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Jun 27, 2013
06/13
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josh, you first. >> tax on another ten at 1613. on track higher this week. that's after two weeks of losses. traders reacting to a cooling of all that taper talk. you can also see it in the vix. otherwise known as fear gauge, down 25% since monday's high. home builders a source of strength. ryl, len, spf just some of the names we are watching today. >> seema mody, what is leading the stocks there? >> seagate and western digital both up. also a big pay d.a. for ipos here at the nasdaq which shows the market volatility hasn't scared companies from listing on the public markets. hd supply one of the largest distributors in north america an play on the housing market raising $957 million in proceeds making it one of the largest ipos in 2013. maria? >> thank you, seema. now we want to check gold going the other way. big time, bertha coombs watching the trade. >> sellers are very much in control of gold. though it did close about $1200 an ounce. dipped below that afterwards. trading saying that is not a support level. just a signing logical big round number. last
josh, you first. >> tax on another ten at 1613. on track higher this week. that's after two weeks of losses. traders reacting to a cooling of all that taper talk. you can also see it in the vix. otherwise known as fear gauge, down 25% since monday's high. home builders a source of strength. ryl, len, spf just some of the names we are watching today. >> seema mody, what is leading the stocks there? >> seagate and western digital both up. also a big pay d.a. for ipos here at the...
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Oct 25, 2013
10/13
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harry reid and even some republicans are now talking tax hikes. don't do it, gop, it's a big mistake.
harry reid and even some republicans are now talking tax hikes. don't do it, gop, it's a big mistake.
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Sep 12, 2013
09/13
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taxes there, about $2300 a year. that's a year. that's like my monthly taxes are $2300. four bedrooms, 2 1/2 baths, 3,000 square feet. this is a big one, cindy. >> it represents our middle market perfectly. this home has a separate office. it has a pool and a spa with a dramatic waterfall. and it's located in silverado ranch which is the fastest growing southeastern area of las vegas. very desirable. >> i don't know what i'd do in las vegas, but i'd like to live right there. right there. i don't know what i'd do. all right. now, the power house of the week, stepping it up, 11 clear crossing trail located in henderson just outside of vegas. the list here, $799,000, taxes, $5600 a year, four bedrooms, 4700 square feet. tell us about this showplace. >> this luxury home is a stellar example of what a buyer can find in this $800,000 price range. it's located in highly desirable anthem country club which is a guard-gated community. this home has golf course frontage, imported marble and hickory wood floors. this home has every possible amenity. and at only $799,900, you can't
taxes there, about $2300 a year. that's a year. that's like my monthly taxes are $2300. four bedrooms, 2 1/2 baths, 3,000 square feet. this is a big one, cindy. >> it represents our middle market perfectly. this home has a separate office. it has a pool and a spa with a dramatic waterfall. and it's located in silverado ranch which is the fastest growing southeastern area of las vegas. very desirable. >> i don't know what i'd do in las vegas, but i'd like to live right there. right...
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Dec 18, 2013
12/13
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. >> from a tax perspective, i know you have been bullish on sick lick also, i think that's where we are. financials have normalized their earnings path. i think the sick lick also probably won't show numbers on eps in the the second quarter or late first quarter. what do you put your money if you have your two sectors? where would you rather be? >> i this i it might be large cap tech. it's the biggest s&p weight. it's the least consensus right now. it actually has the fewest buys since '03. cyclically, it's one of the cheapest sectors if financials see low volume growth, their expend cure is tech. tech visible will improve. >> tom, good to see you. tom lee, j.p. morgan. rally reject, investors look for collarty on the china mobile deal. with etwot the trade for you. that's next. >>> guy adami's big birthday surprise is coming up. you won't want to miss it. if you are in the tri-state area and want to hang out with a fast gang. join us tomorrow at the mall for our special program investing in the consumer. it's live at 5:00 p.m. eastern time. we will give it to you before the holiday
. >> from a tax perspective, i know you have been bullish on sick lick also, i think that's where we are. financials have normalized their earnings path. i think the sick lick also probably won't show numbers on eps in the the second quarter or late first quarter. what do you put your money if you have your two sectors? where would you rather be? >> i this i it might be large cap tech. it's the biggest s&p weight. it's the least consensus right now. it actually has the fewest...
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Jan 17, 2013
01/13
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obama demands the wealthy pay their fair share of taxes. but, he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids, and gun free zones for ours. >> all right. the white house called the ad repugnant and cowardly. i think they are right. can i say something about this partisan back and forth. we have just come out of a heinous mass murder atrocity which is of course a complete national tragedy. all right. is it possible, just once that the republicans and the nra and democrats and the president can stop this cheap unseemly squabbling just once? may we have a civilized conversation about what this nation can do to avoid another horrible sandy hook? all i want, all i want is a civil conversation. there's a lot of very complex pieces here and they need the best minds to figure this out. i just want the squabbling to stop. this is worst than the fiscal squabbling and the debt ceiling. you know why? the stakes are higher. we're talking human lives. those little baby angels. let's try in their me
obama demands the wealthy pay their fair share of taxes. but, he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids, and gun free zones for ours. >> all right. the white house called the ad repugnant and cowardly. i think they are right. can i say something about this partisan back and forth. we have just come out of a heinous mass murder atrocity which is of course a complete national tragedy. all right. is it possible, just once that...
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Dec 11, 2013
12/13
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rule, a quick question regarding tax loss selling. when you have a commodity like this one that's slid, and we're talking about gold, of course, right now, i know you're in other precious metals as well, but as far as gold, wouldn't you think that over the next week to ten days you'll see a zenith or capitulation trade where people dump this one to match it up against gains they've taken elsewhere in the market? >> absolutely. i think what the market needs to turn around this capitulation selling. the bottom of the last four bear markets has been marked by absolute capitulation selling. i think that's something we need. i think past is prolog. if you look at the secular -- the cyclical decline, pardon me, we saw in 1975, in that great 1970 cyclical bull market in gold, is pretty much analogous to what we're experiencing now. and your comments are spot on as a trader. i think you need to see a capitulation washout in gold before it and the rest of the commodity sector turns. >> so you're saying, then, you do not see gold rallying in 20
rule, a quick question regarding tax loss selling. when you have a commodity like this one that's slid, and we're talking about gold, of course, right now, i know you're in other precious metals as well, but as far as gold, wouldn't you think that over the next week to ten days you'll see a zenith or capitulation trade where people dump this one to match it up against gains they've taken elsewhere in the market? >> absolutely. i think what the market needs to turn around this capitulation...
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Jun 5, 2013
06/13
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you this, what's the tax? 35% they'd have to pay? to do their dividend and the things they wanted to do. >> 35%. the effective rate, because all of those big loopholes is something closer to the low 20s. >> but the reason it's the low 20s is because it's a blended rate with what they pay abroad? >> correct. after that, not before that. >> there's a ton of -- >> what they pay here is 35%. >> there's a ton of tax expenditures, appreciation, deferral. >> losses. >> losses. that's true, writing off losses. that's the difference between the statutory and the effective rate and it's big. >> do you support a holiday? >> no, no, no, the repatriation holiday. that's a terrible idea. that worked terribly in 2004 just so our viewers know what we're talking about. back in 2004, you were able to -- actually, ed was there, he can talk about that. >> wasn't quite there. >> at any rate, if you had earnings that you deferred abroad if you were multinational, you could bring them back at a tax rate at 5%. >> a lot of companies
you this, what's the tax? 35% they'd have to pay? to do their dividend and the things they wanted to do. >> 35%. the effective rate, because all of those big loopholes is something closer to the low 20s. >> but the reason it's the low 20s is because it's a blended rate with what they pay abroad? >> correct. after that, not before that. >> there's a ton of -- >> what they pay here is 35%. >> there's a ton of tax expenditures, appreciation, deferral. >>...
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Sep 13, 2013
09/13
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many strategists look at the oil on the tax on the consumer pocketbook. with less money to spend on new technology gadgets or travel, whatever it is, energy, of course, has been catching a bid lately in the stock market frlt not only on the rise in the price of crude, but also on the idea that the u.s. could become an oil exporter by 2020. and yet the debate on fracking rages on, even though study after study, many commissioned by the government, by the way, has said fracking can be done safely, with no impact on water tables and the environment. i've said many times on this program that the u.s. is rich in natural gas. and many energy watchers believe that fracking would not only help with energy independence, but be a game changer for jobs. the second largest energy producer behind russia, saudi arabia is afraid of u.s. fracking. the saudi prince said publicly that u.s. fracking is bad for saudi arabia. russia needs oil to stay above $100 a barrel just to make its budget. as we wrangle with russia over syria, perhaps america might turn its attention to
many strategists look at the oil on the tax on the consumer pocketbook. with less money to spend on new technology gadgets or travel, whatever it is, energy, of course, has been catching a bid lately in the stock market frlt not only on the rise in the price of crude, but also on the idea that the u.s. could become an oil exporter by 2020. and yet the debate on fracking rages on, even though study after study, many commissioned by the government, by the way, has said fracking can be done...
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Apr 10, 2013
04/13
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these are taxes. the white house says the budget incorporates the president's compromise offer to speaker boehner to achieve another 1.8 trillion in deficit reduction over ten years. interesting numbers in here to get to those deficit reductions. it includes 400 billion in health savings. a crackdown on waste and fraud in medicare and raises $500 billion by limiting high income tax benefits. maximum over 1 million would be 28%. buffet rule goes into effect requiring household incomes over a million to pay at least 30% after charitable giving and taxes. it limits the value of tax deductions as i said for the top 2% to 28% and it ends the rule for carried interest that lets financial managers carry tax on current interest on capital gains tax rates. the white house says the budget proposal includes cuts that the president would not propose without these revenue measures such as adjust the chain inflation index requested by republicans. the president is set to make a statement at 11:00 eastern this morni
these are taxes. the white house says the budget incorporates the president's compromise offer to speaker boehner to achieve another 1.8 trillion in deficit reduction over ten years. interesting numbers in here to get to those deficit reductions. it includes 400 billion in health savings. a crackdown on waste and fraud in medicare and raises $500 billion by limiting high income tax benefits. maximum over 1 million would be 28%. buffet rule goes into effect requiring household incomes over a...
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Mar 22, 2013
03/13
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just simplify the tax code ask enforce it. why hurt people that are paying their taxes? do things that are common sense. stop operating with blunt instruments and can go after the economy in a way that's logical. but we're way too dysfunctional and our politicians are way too economically unsophisticated to think of things like that. >> is that like a -- >> i was waiting to see if you were going to ask me about it. it's out there. >> it's spring. >> there's a pattern on it. >> that's a nice pattern. is it like one of those diamond wrap things? didn't you invent that or something? >> the wrap dresses, i have a couple of other dresses that aren't wrap dresses. >> if i pull that thing, is that a problem? >> yes. >> you don't know that she invented that wrap things? >> yo. i barely know who diana -- >> you pull the whole thing. >> if you pull it, it comes off. we'll do anything for ratings. >> i would figure it's not a good idea to pull it. >> i'm not saying i'm going to do the it, but i'm saying i might. in the next 2 1/2 hours, you want to watch because there may be a time
just simplify the tax code ask enforce it. why hurt people that are paying their taxes? do things that are common sense. stop operating with blunt instruments and can go after the economy in a way that's logical. but we're way too dysfunctional and our politicians are way too economically unsophisticated to think of things like that. >> is that like a -- >> i was waiting to see if you were going to ask me about it. it's out there. >> it's spring. >> there's a pattern on...
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Oct 17, 2013
10/13
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>> well, tax reform that is tax reform. it's not a trojan horse -- >> it could be revenue neutral but means a lot of people right now -- a lot of companies -- >> but overall revenue neutral, that's exactly what the house ways and means committee. >> what the president has supported, but grover's saying no additional to the government. democrats in return for medicare and social security cuts. >> every time you walk into a negotiation with the administration, they want more taxes. when they did the supercommittee, they wanted $1.4 trillion in tax increases to fix the $1.2 trillion problem. reid is saying now he doesn't want to do tax reform unless at least it's $1 trillion in higher revenue. it's not just it is president's problem. harry reid wants $1 trillion as the ransom for fixing the -- >> see why i said a baby bargain is all we can do. >> a baby bargain. you're a pragmatic guy. that was your problem with the republicans who held out on this and were going to vote no on this. would you -- would you agree or concede the
>> well, tax reform that is tax reform. it's not a trojan horse -- >> it could be revenue neutral but means a lot of people right now -- a lot of companies -- >> but overall revenue neutral, that's exactly what the house ways and means committee. >> what the president has supported, but grover's saying no additional to the government. democrats in return for medicare and social security cuts. >> every time you walk into a negotiation with the administration, they...
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Jan 8, 2013
01/13
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worries that we would go over the fiscal cliff -- or this is big -- attempts to get iras to be more tax advantaged before a hike in the capital gains rates. we had the money that goes into stocks early in january. contributions that are made at the beginning of the year. i make 'em, you make 'em. now we see the conclusion of short-term drivers, and we've got to return to business as usual. that's where the themes come in. each day i'm going to reveal two themes that i believe are going to dominate the market's thinking in 2013, giving you the best opportunities to put money to work on the down days. not the up ones. i don't like money put to work on the up ones. particularly down days caused by the washington curse -- ♪ >> that sadly even seemed to infect the great rg3 this weekend. these themes work when the market is down hard, as it was earlier today before rebounding moderately. first theme, number-one theme -- the return of the banking business as an investable place to put your money. for five years now we've been under pressure, these bank stocks, under pressure -- one thing or
worries that we would go over the fiscal cliff -- or this is big -- attempts to get iras to be more tax advantaged before a hike in the capital gains rates. we had the money that goes into stocks early in january. contributions that are made at the beginning of the year. i make 'em, you make 'em. now we see the conclusion of short-term drivers, and we've got to return to business as usual. that's where the themes come in. each day i'm going to reveal two themes that i believe are going to...
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Dec 9, 2013
12/13
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sales tax, property tax? >> sales tax and property tax. what happens is -- >> there's no income tax. >> yeah, no income tax. we're in a position working hard to compete. no income tax, right to work state. low-business tax and more businesses don't pay it every year. companies like hertz are moving down there because they can solve their customer needs because they don't pay taxes. if they're in new york or connecticut, they'd have to pay. >> okay. so how will you replace the $2 billion? >> sales taxes. >> will they have to go up? >> no, i'm cutting taxes -- i've cut taxes every year. i've been governor three years, cut taxes basically 24 times. it's property taxes, business taxes, sales tax. we have all budget surplus, i walked in with a budget deficit, i now have a $1.2 billion surplus. we're making our economy the opportunity economy where, you know, if you want to build a business, you can -- and you want to get a job, you come to florida. >> your unemployment rate has dropped quicker than any other state, i know that. and you're now -
sales tax, property tax? >> sales tax and property tax. what happens is -- >> there's no income tax. >> yeah, no income tax. we're in a position working hard to compete. no income tax, right to work state. low-business tax and more businesses don't pay it every year. companies like hertz are moving down there because they can solve their customer needs because they don't pay taxes. if they're in new york or connecticut, they'd have to pay. >> okay. so how will you...
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Dec 4, 2013
12/13
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rate might end up with more revenues that raising taxes? >> for the country as a whole, right. we can learn as a country they'll go to other countries if they don't -- >> we should talk about tax. >> all right. gord gordon, thank you. say hi to johnny. >>> when we come back, we have the numbers out at 8:15 eastern time from the jobs data. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. [ male announcer ] this december, experience the gift of unsurpassed
rate might end up with more revenues that raising taxes? >> for the country as a whole, right. we can learn as a country they'll go to other countries if they don't -- >> we should talk about tax. >> all right. gord gordon, thank you. say hi to johnny. >>> when we come back, we have the numbers out at 8:15 eastern time from the jobs data. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp...
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Apr 8, 2013
04/13
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and you can include the payroll tax or just include the other payroll tax increases. wa does cause it? >> well, you're right. i think we haven't seen the effects of the sequester yet, joe. that's part of the issue. the new york coupnext couple of weeks, if we have anything from the payroll tax and the sequestration, the cuts on friday are not necessarily that there were no jobs being had, but continued deferment to see what effect we're going to have. we saw retail that did, in fact, not see the job both we had cut the first part of the year. so i think even indicative of perhaps spending which has turned cautious. a litmus test has to be taken to the consumer. i think we're going to learn more over the next several weeks that perhaps is still noisy in what was friday's jobs number. >> is it going to be continuing to see the rate, the overall rate, will the general media be able to continue to report it's going down? >> i sure hope not, joe. that participation rate falling down closer to 3% is very disappointing. if we had had the same participation rate applied to fr
and you can include the payroll tax or just include the other payroll tax increases. wa does cause it? >> well, you're right. i think we haven't seen the effects of the sequester yet, joe. that's part of the issue. the new york coupnext couple of weeks, if we have anything from the payroll tax and the sequestration, the cuts on friday are not necessarily that there were no jobs being had, but continued deferment to see what effect we're going to have. we saw retail that did, in fact, not...
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Oct 23, 2013
10/13
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washington is like a tax leisure in my mind. here's what washington says. it says, you just don't know if you're going to have a 2,000-point decline or a stock market or our country is going to slip back into great recession mode because of the hatred of the three parties, the democrats, the republican, and the tea. with the latter still very much in ascendance, i think the latter is unstoppable. i think they're even stronger. and you know what will happen when you don't know -- when you have that kind of uncertainty, a three-party uncertainty, i'll tell you, someone who's started six businesses, you don't create another. it is washington's fault, we all know it. i heard some people not blame washington today. i just tuned them out and thought more about my fantasy league where i'm five and two. the second joy of lower interest rates. not that long ago, we thought mortgage rates which had gone from 3.5% to 4.7% were headed inexorably to 5%. at the same time where housing prices have flown up. the home builders have been saying, don't worry about it. but if
washington is like a tax leisure in my mind. here's what washington says. it says, you just don't know if you're going to have a 2,000-point decline or a stock market or our country is going to slip back into great recession mode because of the hatred of the three parties, the democrats, the republican, and the tea. with the latter still very much in ascendance, i think the latter is unstoppable. i think they're even stronger. and you know what will happen when you don't know -- when you have...
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Jan 30, 2013
01/13
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business investments going and will consumer be hurt by payroll tax hikes. probably the best way to think about the economy now. you get there by averaging stronger than expected growth in third quarter. what's clear, is this report, think of it as the ghost of christmas future. if you cut back an gov spending, it mathematically approaches. it sets the stage and uncertainty associated with it for better growth in the future. tyler? >> steve, much to think about there. how are defense stocks reacting to the 22% reduction in defense spending by the government in the fourth quarter? jane wells has details in l.a. jane? >> tyler, defense spending down. after reporting descent guidance and returning lots of cash to investors, saying quote i can't recall a time of greater uncertainty. raising guidance but none of the companies are factoring in possibility within extra half trillion in cuts kicking in in march. pentagon spending, as you can see, never 22%. cuts included 43% cuts to ships. 90 percent in weapons support. but look, 64% jump in missile spending. good f
business investments going and will consumer be hurt by payroll tax hikes. probably the best way to think about the economy now. you get there by averaging stronger than expected growth in third quarter. what's clear, is this report, think of it as the ghost of christmas future. if you cut back an gov spending, it mathematically approaches. it sets the stage and uncertainty associated with it for better growth in the future. tyler? >> steve, much to think about there. how are defense...
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Dec 16, 2013
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>> we want to propose that we tax it one time, that's an excise tax. if municipalities in the state choose to have legalized marijuana sold in their communities they can tax another 5%, which will help them provide services to constituencieses. how do you keep it out of the hands of people under 18? the same way you keep cigarettes out of their hands, pass the laws, try to enforce them, work with parents and community to make sure young people don't do these things you'd like them not to do. >> cigarettes sold via a vendor who has to get a license to sell cigarettes. it more complicated than legal pot across the board would be where deals are taking place on the street. >> no, these deals would not take place on the street any longer. much like they -- that changed under prohibition of alcohol, it will change under eliminating prohibition of marijuana as well. people have to go to a regulated site where they can purchase it and they can use it, will not be able to smoke it on the street, no matter how old they are. it's something you have to use in the
>> we want to propose that we tax it one time, that's an excise tax. if municipalities in the state choose to have legalized marijuana sold in their communities they can tax another 5%, which will help them provide services to constituencieses. how do you keep it out of the hands of people under 18? the same way you keep cigarettes out of their hands, pass the laws, try to enforce them, work with parents and community to make sure young people don't do these things you'd like them not to...
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Dec 26, 2013
12/13
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>> one is a 39.6% tax bracket. the other is 3.8% on net investment income on dividends and capital gains and also i was very surprised because most people don't like the alternative minimum tax, amt. you really want to be in it this year because you're paying a less rate. if you're at 39.6%, you're better off paying 28%. the difference, though, is when you're in alternative minimum tax, you don't get all your deductions like state tax deductions when you're past that threshold. you maximize your state tax deduction so you're in the 28% bracket, thereby reducing your overall rate. >> sounds so straight forward. >> so how do you make this better and less painful? >> first of all, you have to plan for a two-year period. you want to understand where you're going to be for 2013 and 2014. then when you look at the years, you want to see are you coming up any of the thresholds? if you are, you my want to accelerate income into the current year or to the subsequent year. >> is there sufficient withholding tax on those high
>> one is a 39.6% tax bracket. the other is 3.8% on net investment income on dividends and capital gains and also i was very surprised because most people don't like the alternative minimum tax, amt. you really want to be in it this year because you're paying a less rate. if you're at 39.6%, you're better off paying 28%. the difference, though, is when you're in alternative minimum tax, you don't get all your deductions like state tax deductions when you're past that threshold. you...
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Apr 15, 2013
04/13
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lots of taxes and different fees and they don't come in the form of taxes. if the ship gets into trouble overseas, is it fair that they have to pay for part of that rescue for reimbursement. the coast guard couldn't accept reimburse am t reimbursement the way it is structured. we are often picking up people and deviating our path in the ocean especially in the caribbean area, to pick up distressed mariners, people on boats and it's a cooperative arrangement that's been on a long time. this would have to be investigated and it would be a change from the way ing things are done. >> let me talk about what you came here to talk about which is a new generation of ships, the quant quantum. you were excited about this, and an unveiling tomorrow and we can't see the plans yet. why are they different? >> it really is in our company's dna. when we get a chance to make a new generation of ships when she comes in in a year and a half like oasis and allure of the seas two or three years ago. it's a chance to deliver new wow features to the marketplace that are really exc
lots of taxes and different fees and they don't come in the form of taxes. if the ship gets into trouble overseas, is it fair that they have to pay for part of that rescue for reimbursement. the coast guard couldn't accept reimburse am t reimbursement the way it is structured. we are often picking up people and deviating our path in the ocean especially in the caribbean area, to pick up distressed mariners, people on boats and it's a cooperative arrangement that's been on a long time. this...
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Mar 18, 2013
03/13
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you're going to tax foreigners instead of taxing your own people. that's one of the rationales for doing this. >> you don't go into that cycle of more austerity and the worst economy, more austerity and worse economy. >> right. >> you can see why they've done it. >> you can. i think the real is why would you go below the insurance threshold? it's such a killer of confidence. why would you risk that and i am told by numerous sources and it's because the president of cyprus didn't want to go above 9.9% originally the same way the dollar store doesn't want to price over 99 cents and he didn't want to tell the foreign depositors that he would take 16% of their money. >> in essence they're taxing the poor in order to keep the offshore on moo. >> to keep their business intact. >> great reporting. we'll come back to you in the show. >> let us bring in charlie and director of research with ariel investments as well as gary thayer, chief macro strategist with wells fargo advisers. gary, first to you. does this change your overall view on the u.s. stock marke
you're going to tax foreigners instead of taxing your own people. that's one of the rationales for doing this. >> you don't go into that cycle of more austerity and the worst economy, more austerity and worse economy. >> right. >> you can see why they've done it. >> you can. i think the real is why would you go below the insurance threshold? it's such a killer of confidence. why would you risk that and i am told by numerous sources and it's because the president of...
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Feb 20, 2013
02/13
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payroll tax increases, income tax increases, higher gasoline prices. what i wanted to ask jeff about a fourth thing out there, ubs and the report said the real thing hurting consumers are late refunds. i wonder if you want to weigh in on the walmart memo that has everybody spooked and what's really happening with the consumer right now? >> i think you could make an argument the payroll taxes is taking a bite. at the end of the day, i think it's going to be job growth. you look at employment, the population ratio, you don't see a recovery on that. you see a little bit of recovery on housing starts and building permits, but in terms of who is out there that wants and needs a job, that still remains not quite in recovery mode yet. that's a bigger driver of all sorts of other things we see, spending activity revenues into the federal government. that's a big movement. we need growth and employment growth. >> i'm reminded, jeff, i'm hearing from kevin, did you rent being there after your last appearance finally, and watch it and listen to chauncey gardner y
payroll tax increases, income tax increases, higher gasoline prices. what i wanted to ask jeff about a fourth thing out there, ubs and the report said the real thing hurting consumers are late refunds. i wonder if you want to weigh in on the walmart memo that has everybody spooked and what's really happening with the consumer right now? >> i think you could make an argument the payroll taxes is taking a bite. at the end of the day, i think it's going to be job growth. you look at...
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Nov 6, 2013
11/13
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it's not just about taxes. taxes are just one component. we still have america and have to protect our country. somebody had to give us enough leadership to protect our country. >> we have to go to a break. you see who's leading? cftc. where have you been? yesterday they announced that. >> we haven't talked about it. >> i thought we just did. >> did we mention -- did we make a coach or new james bond? where's he going? >> all right. when we come back, the ceo of the health system and his take. >>> we'll join our guest host richard lefrak when we come back on "squawk box" wiggle your toes. [ driver ] and it got his okay on treatment from miles away. it even pulled strings with the stoplights. my ambulance talks with smoke alarms and pilots and stadiums. but, of course, it's a good listener too. [ female announcer ] today cisco is connecting the internet of everything. so everything works like never before. because what you don't know, can today churt you.urance.ng the internet of everything. what if you didn't know that posting your travel p
it's not just about taxes. taxes are just one component. we still have america and have to protect our country. somebody had to give us enough leadership to protect our country. >> we have to go to a break. you see who's leading? cftc. where have you been? yesterday they announced that. >> we haven't talked about it. >> i thought we just did. >> did we mention -- did we make a coach or new james bond? where's he going? >> all right. when we come back, the ceo of...
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Aug 15, 2013
08/13
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>> the tax issues. the companies, at lowest they're claiming, it's the new problem for why they're having pro bs. >> consumers in mature and emerging markets curb their spending. >> that's from the walmart international president and ceo. he is saying the international markets, growth and consumer spending is under pressure there. this is not a u.s. story, it's an international story as well for walmart. it tells you about the current climate. every time you think things are going strong, it's similar to what we heard from cisco yesterday, we heard about the uncertain situations they have seen in terms of what to expect from asia. >> and the question is to the extent this is in the rear view my roar or yet ocome? >> it sounds like yet to come if they are talking about the full year. they met expectations per quarter. if you are lowering your guidance, you expect the 2nd half will be different as well. >> andrew was saying, we expected this to have happened. the second quarter was the one with the bigges
>> the tax issues. the companies, at lowest they're claiming, it's the new problem for why they're having pro bs. >> consumers in mature and emerging markets curb their spending. >> that's from the walmart international president and ceo. he is saying the international markets, growth and consumer spending is under pressure there. this is not a u.s. story, it's an international story as well for walmart. it tells you about the current climate. every time you think things are...